#CBC: “U.S. Tim Hortons franchisee group sues RBI over alleged worth gouging, fairness theft ” #Toronto #Montreal #Calgary #Ottawa #Canada
The American chapter of the Great White North Franchisee Association filed the swimsuit in a Florida county courtroom claiming Restaurant Brands International and Tim Hortons USA strip them of revenue and revenue by way of elevated and improper franchisee charges.
The swimsuit additionally claims the corporate requires franchisees who wish to promote their shops to first supply it to the corporate for the depreciated worth of the furnishings, fixtures and tools.
The GWNFA desires the courtroom to declare the practices a breach of contract.
None of the allegations have been confirmed in courtroom.
RBI and Tim Hortons didn’t instantly reply to a request for remark.
Shares of RBI had been off by 77 cents, or 0.9 per cent, to $84.54 in afternoon buying and selling on the Toronto Stock Exchange.
Note: “Previously Published on: 2018-07-24 13:30:00, as ‘U.S. Tim Hortons franchisee group sues RBI over alleged worth gouging, fairness theft